Procurement digitisation initiative will deliver greater efficiency, transparency and control

München – May 19, 2020 – Ivalua, a leading global spend management cloud provider, and OptiBuy, a trusted Ivalua implementation partner, today announced that Giesecke +Devrient has selected Ivalua’s platform to expand the digital way of working of its source-to-contract process, with OptiBuy as implementation partner. As G+D prepares to extend this digital way of working across the organisation, the implementation of Ivalua will act as a lighthouse project to drive the overall modernisation of processes at a corporate level.

Giesecke+Devrient (G+D) is an international Group providing security technology and headquartered in Munich, Germany. Innovations by G+D make the lives of billions of people in the digital and physical world more secure. With its products and solutions, G+D is one of the market and technology leaders in payments, connectivity, identities, and digital infrastructures.

Established in 1852, the company achieved sales of €2.45 billion in the fiscal year 2019 and employs 11,500 people. G+D has a presence in 33 countries. Its customer base includes central and commercial banks, mobile network providers, automotive manufacturers, health insurance companies, and governments and public authorities.

G+D will implement Ivalua to replace up to now not digitalised manual procurement processes across three business sectors, improving efficiency, transparency and auditability. Ralf Gerlach, Global Vice President, Head of Purchasing, at G+D Currency Technology and Giesecke+Devrient GmbH explains: “At G+D, we continually innovate to improve our own operations and deliver greater value to our customers. This initiative continues that approach, enabling us to manage the various needs of each of our business units. Ivalua’s unified platform enables us to seamlessly integrate each of these processes into one workflow model with a seamless UI. Digitising processes with Ivalua will improve transparency and auditability across the G+D purchase organisation, which is highly valuable when managing and auditing business partners in our industry.”

“Implementing the Ivalua suite will empower us to spearhead our digital way of working. This application will help us harmonising the requirements for all of our Sourcing Activities globally, drive compliance throughout our Supplier Management System, and optimise savings from RFx and Auctions”, added Kai Dittberner, Group Vice President Purchasing at G+D Mobile Security.

“Being an implementation partner for Ivalua’s numerous projects covering various industries gave OptiBuy the opportunity to face the diversity of approaches to business, procurement, and project cooperation over the years. Each customer gives us value generated through the development of our experts’ problem-solving skills and in-depth knowledge of Ivalua’s solution. A value that we pass on in subsequent projects. I am convinced that G+D will not only improve their transparency and efficiency in procurement, but strength the collaboration between the single business units, which will leverage their procurement activities.” explains Tomasz Gonsior, Partner at OptiBuy.